Prices for white cabbage in the Russian market continue to grow due to a reduction in stock volumes on farms, as well as due to high demand from wholesale companies and retail chains, EastFruit project analysts report. It should also be noted that some growers restrain sales of white cabbage, thereby provoking a more intensive price increase in this segment. As a rule, these are the owners of specialized vegetable storages, who plan to sell the main volume of cabbage later, and therefore they set selling prices at a quite high level now.
Today selling prices for cabbage range from 44-58 RUB/kg ($0.56-0.73/kg), which is on average 10% more expensive than a week earlier. The main reason for this was the reduction in the supply of cabbage in the central zone of Russia, where most of the farms have already completed sales. In addition, the supply of cabbage from Dagestan was complicated due to severe frosts, having caused shortage of supply in some regions last week. This, in turn, also pushed prices up in the segment.
The price of cabbage in Russia is now much higher than last year. Today Russian producers sell cabbage on average 4.6 times more expensive than at the end of January 2021. At the same time, most market participants do not rule out a further price rise and believe that it will speed up as the stocks of white cabbage in local farms decrease.
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